Powell's 'Delay Tactics'! The market is waiting for a rate cut in July, while the crisis in May is quietly approaching!

Powell's speech once again avoided direct statements, repeatedly pondering topics such as tariffs and hunger, with the only clear signal being that the market should 'wait'. He hinted that a rate cut is unlikely before June and clearly stated that a cut might only be possible in July.

Although Powell's remarks did not cause significant fluctuations, the U.S. stock market and cryptocurrency market reacted calmly, while the dollar strengthened and gold weakened. Current market liquidity is tight, and May could become a critical period for asset withdrawals.

In an environment without rate cuts, regardless of how the U.S. stock market rises, liquidity will further tighten, and greater market risks may be faced later. One must not be complacent in the May market!